GulfBase Live Support
National Bank of Umm Al-Qaiwain (NBQ) on Monday reported a net profit of Dh102.88 million for first quarter of 2015, compared to Dh95.31 million reported in the same period last year.
Operating income for the first three months of the year increased by 14 per cent to Dh91.63 million compared to Dh80.18 million in the first quarter of 2014.
Net interest income rose 12 per cent year-on-year to Dh116.88 million, compared to Dh104.02 million in the same period last year.
Total assets stood at Dh13.47 billion at the close of the first quarter of this year, while the loans & advances portfolio stood at Dh7.79 billion and customer deposits at Dh8.4 billion.
At the end of the first quarter of this year the capital adequacy ratio was at 29.17 per cent. The bank has high level of liquidity with an advances-to stable-resources ratio of 73 per cent as of March 31, 2015.
The liquidity coverage ratio as per Basel III guidelines was at 182 per cent, compared to the minimum stipulated ratio of 50 per cent.
National Bank of Umm Al Qaiwain (NBQ) on Wednesday reported a net profit of Dh123.39 million, up 20 per cent for the first quarter of 2017 compared to Dh102.4 million in the same quarter last year.
National Bank of Umm Al Qaiwain (NBQ) reported a net profit of Dh102.4 million in the first quarter of 2016 compared to Dh102.8 million in the same quarter last year.
Bank’s operating inco
Global Investment House (Global) is pleased to announce that the Court of Appeals of Dubai in its hearing held today ruled to accept the settlement agreement between “Global” and National Bank of Umm
Bank Nizwa, represented by two of its Board Members, Sami Al Dhugishi and Ishaq Al Maouli along with Chief Executive Officer, Khalid Al Kayed, participated in the 2nd Islamic Financial Services Board
Times of Oman
The sharp decline of the Turkish lira in recent weeks has triggered speculation in banking circles that Emirates NBD stands a chance to renegotiate its deal to acquire Denizbank as the valuation has
Abu Dhabi-listed Eshraq Properties reported a first-half net profit of Dh14.8 million, compared to a loss of Dh0.32 million in the first half of 2017. The property firm said in a press statement that
Damac Properties has signed a landmark agreement with Radisson Hotel Group (RHG) to develop and launch the ‘Radisson Hotel, Dubai Damac Hills’, its first, newly launched Radisson-branded property wor
The Gulf Today
Abu Dhabi National Oil Company for Distribution (Adnoc Distribution) has reported that net profit for the six months ended June 30, 2018, increased by 18 per cent to Dh1.124 billion ($306 million) co